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🇰🇿 Gold Price Today in Kazakhstan | ₸2,121,072
Live gold price in Kazakhstani Tenge (KZT) — updated every 5 minutes
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (KZT)
₸68,194.01
Per Troy Oz (KZT)
₸2,121,072
Per Kg (KZT)
₸68,194,010
USD/Gold Spot
$4,512.92/oz
USD/KZT Rate
1 USD = 470 KZT
KZT per gram
₸68,194.01
Gold Market in Kazakhstan
Kazakhstan is a significant gold producer, mining approximately 100 tonnes annually — making it one of the top 20 producers globally. The National Bank of Kazakhstan holds approximately 300 tonnes in gold reserves, representing over 70% of its total reserves. The Altyn Kazakhstani gold coin is issued by the National Bank.
Why do people in Kazakhstan buy gold?
Kazakhstani investors use gold to hedge against tenge volatility — the currency experienced sharp devaluations in 2015 and 2020. Gold reserves at the National Bank are exceptionally high as a percentage of total reserves, reflecting both resource wealth and strategic diversification away from USD assets.
Frequently Asked Questions — Gold in Kazakhstan
What is the gold price today in Kazakhstan in tenge?
Kazakhstan gold prices in KZT are quoted by the National Bank of Kazakhstan and major dealers at the international USD spot price converted at the USD/KZT rate.
Does Kazakhstan produce gold?
Yes. Kazakhstan produces approximately 100 tonnes of gold annually from mines in the Akmola, Kostanay, and East Kazakhstan regions. Companies include Kazakhmys and Polyus Kazakhstan.
Why does Kazakhstan hold so much gold in reserves?
The National Bank of Kazakhstan has maintained exceptionally high gold reserves (over 70% of FX reserves) as a diversification strategy and inflation hedge. This policy was reinforced after the 2015 tenge devaluation.
What is the Altyn gold coin?
The Altyn is a Kazakhstani gold bullion coin issued by the National Bank of Kazakhstan. "Altyn" means "gold" in Kazakh. The coins are available in various sizes and serve both as legal tender and investment vehicles.